MA CAMILLE: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
MA CAMILLE
Largest movements
- Current investments +€100,000
up €100,000 (+22.0%), from €455,000 to €555,000
- Tangible fixed assets -€23,107
down €23,107 (-18.8%), from €122,976 to €99,868
of which Furniture and vehicles: -€31,562
- Receivables within one year -€21,943
down €21,943 (-35.8%), from €61,307 to €39,364
of which Other amounts receivable: -€13,473
- Cash -€18,088
down €18,088 (-5.9%), from €307,011 to €288,922
mainly Contributions, distributions and other (-€117,295) and Current investments (-€100,000)
- Other debts +€51,781
up €51,781 (+77.5%), from €66,841 to €118,621
- Gross operating margin -€28,755
down €28,755 (-14.2%), from €202,560 to €173,805
- Depreciation +€20,654
up €20,654 (+165%), from €12,511 to €33,166
- Taxes -€14,057
down €14,057 (-23.2%), from €60,719 to €46,662
- Financial income +€9,964
up €9,964 (+98.4%), from €10,121 to €20,085
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €947,623 | €984,160 | +€36,538 | +3.9% |
| Fixed assets | 21/28 | €123,126 | €100,018 | -€23,107 | -18.8% |
| Tangible fixed assets | 22/27 | €122,976 | €99,868 | -€23,107 | -18.8% |
| Plant, machinery and equipment | 23 | €374 | €1,649 | +€1,275 | +341% |
| Furniture and vehicles | 24 | €122,602 | €91,040 | -€31,562 | -25.7% |
| Other tangible fixed assets | 26 | - | €7,179 | +€7,179 | |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €824,497 | €884,142 | +€59,645 | +7.2% |
| Amounts receivable within one year | 40/41 | €61,307 | €39,364 | -€21,943 | -35.8% |
| Trade receivables | 40 | €8,470 | €0 | -€8,470 | -100% |
| Other amounts receivable | 41 | €52,837 | €39,364 | -€13,473 | -25.5% |
| Current investments | 50/53 | €455,000 | €555,000 | +€100,000 | +22.0% |
| Cash at bank and in hand | 54/58 | €307,011 | €288,922 | -€18,088 | -5.9% |
| Deferred charges and accrued income | 490/1 | €1,180 | €856 | -€324 | -27.4% |
| Total equity and liabilities | 10/49 | €947,623 | €984,160 | +€36,538 | +3.9% |
| Equity | 10/15 | €825,494 | €818,384 | -€7,110 | -0.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €819,294 | €812,184 | -€7,110 | -0.9% |
| Distributable reserves | 133 | €819,294 | €812,184 | -€7,110 | -0.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €122,128 | €165,776 | +€43,648 | +35.7% |
| Amounts payable within one year | 42/48 | €122,128 | €165,776 | +€43,648 | +35.7% |
| Financial debts | 43 | €47,013 | €37,523 | -€9,490 | -20.2% |
| Credit institutions | 430/8 | €47,013 | €37,523 | -€9,490 | -20.2% |
| Trade debts | 44 | €1,525 | €1,593 | +€68 | +4.5% |
| Suppliers | 440/4 | €1,525 | €1,593 | +€68 | +4.5% |
| Taxes, remuneration and social security | 45 | €6,750 | €8,040 | +€1,290 | +19.1% |
| Taxes | 450/3 | €6,750 | €8,040 | +€1,290 | +19.1% |
| Other amounts payable | 47/48 | €66,841 | €118,621 | +€51,781 | +77.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,511 | €33,166 | +€20,654 | +165% |
| Other operating charges | 640/8 | €950 | €1,498 | +€548 | +57.7% |
| Gross operating margin | 9900 | €202,560 | €173,805 | -€28,755 | -14.2% |
| Operating profit (loss) | 9901 | €189,098 | €139,141 | -€49,957 | -26.4% |
| Financial income | 75/76B | €10,121 | €20,085 | +€9,964 | +98.4% |
| Recurring financial income | 75 | €10,121 | €20,085 | +€9,964 | +98.4% |
| Financial charges | 65/66B | €3,295 | €2,380 | -€915 | -27.8% |
| Recurring financial charges | 65 | €3,295 | €2,380 | -€915 | -27.8% |
| Profit (loss) for the period before taxes | 9903 | €195,925 | €156,846 | -€39,079 | -19.9% |
| Income taxes | 67/77 | €60,719 | €46,662 | -€14,057 | -23.2% |
| Profit (loss) for the period | 9904 | €135,206 | €110,184 | -€25,021 | -18.5% |
| Profit (loss) for the period to be appropriated | 9905 | €135,206 | €110,184 | -€25,021 | -18.5% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.